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Strong update, looking good here.
Why does this keep on falling? Was looking good a few weeks ago but a steady drip lower, now below 4p.
All looking on course to achieve profitability in early 2021. Once achieved the share price really does have no limit to how high it can rise.
All looking good here for Gfinity to achieve their goal of profitability in early 2021. Once that has been achieved there really is no limit to how high the share price can rise.
Good level to buy at from a medium to long term perspective. The vaccine is being rolled out. This Summer should be great with millions wanting to make up for 2020. Short term a trade deal would catalyse a move to the upside.
I think we should turn profitable next year and a 10p price target is very realistic. Any other thoughts are appreciated.
Tempted to enter at these low prices.
Tempting to invest here, but after paying the spread I would need it to move up 20% just to get my original investment back.
I am seriously considering buying this, but 20% spread at the moment! Is that normal? Seems very high, eg investment 10k and immediately 2k has gone.
Feel this is a good entry price. Expecting the vaccine roll out over the next few months to vastly improve sentiment here. Also I expect consumers to get back to the airports in 2021 once they have been vaccinated.
Ok up 6% makes more sense now!
Why is the price down after positive news? Recently the price has been slipping daily.
Fair few warrants remaining. It will take a bit of time before they are all exercised. Once they are and Gfinity turns profitable the price rise could be fast and impressive. Looking at the historic chart I see no reason why we shouldn’t break through 5p in the medium term then break higher into double figures 10p+
If the profits continue to rise and esports generally continues the trend of substantial growth. There really is no limit to how high this could reach long term. I think this is an exciting investment which I intent to hold. With some time and a bit of patience gains should crystallise for all those who get in around these levels.
Hi Mike,
I was asking about warrants because of the RNS on 18 November, but I don’t know how to find out how many are still to be exercised.
Does anyone know why this has jumped today? Thanks.
Does anyone know why the drop has happened today? Maybe it is the warrants being exorcised? Thanks.
I heard the warrants bought at 1p expire soon. Can anyone confirm this? Thanks.
Should be back above 0.2 in no time.
Gfinity is on the cusp of becoming a profitable company. Yes share dilution has been happening over the last few years as money has needed to be raised.
Old management were also poor and greedy being paid a ridiculous amount for poor performance. Now we are with a new management who are both reducing costs and increasingly revenue. Very soon we should be profit making. When that happens the entire game for investors here will change.
On top of the company specific reasons to invest here, Esports generally is a very exciting area to be involved. Massive growth year on year of participants and revenues. Also Esports is very popular with a young demographic making it an exciting opportunity of anyone wishing to gain traction with 18-34 year olds who are so sought after with for instance by advertisers. The potential here is truly outstanding.